Noor Takaful launches Gulf's first online Islamic insurance service

(MENAFN - Khaleej Times) Noor Takaful said on Tuesday that it has launched the GCC's first online real-time, web based, Islamic insurance service.

With a simple click of a mouse, the easy to use online facility allows customers to shop for a variety of insurance products which are offered at very competitive and transparent rates, the Shariah compliant insurance brand of Noor Investment Group said in a statement. It said the service provides a quick and complete insurance solution from beginning to end, from obtaining an online instant quote to purchasing online insurance and delivery of policy cover. Noor Takaful inaugurated the new online service with a motor insurance product that covers both private and commercial vehicles. Other types of insurance products would soon be available online, it said.

"We live in one of the most under insured regions in the world," said Dr Ahmed Al Janahi, Deputy Group Chief Executive Officer of Noor Investment Group and Managing Director of Noor Takaful. "With our innovative online takaful solution, a first in this region, we aim to make our Islamic insurance products more accessible to everyone through advanced technology."

Straight forward and user friendly, the interactive portal seeks to bridge the gap between Noor Takaful and its customers who prefer the convenience of shopping online, rather than visiting a broker. By going online, Noor Takaful is able to minimise transactional costs and overheads which in turn reduce the cost of purchasing insurance for customers.

The new online service, which can be accessed at www.noortakaful.com uses a safe and secure payment facility, with a high level of encryption. Customer service advisers are on hand and can provide advice and suggestions on the various insurance options available to suit each individual's unique needs, the firm said.

Source: Middle East North Africa Financial News (MENAFN).
Link: http://www.menafn.com/qn_news_story_s.asp?StoryId=1093280774.